Despite the extraordinarily large growth in Medicaid spending and the evidence that much of that spending is of low value to enrollees, the president is requesting more than $100 billion in additional Medicaid spending over the next decade.
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Obama promised that Obamacare would “save all of us money and reduce pressures on emergency rooms all across the country.” However, a new report by the Centers for Disease Control and Prevention shows, that by doling out insurance coverage to millions more people without doing anything to address America’s growing doctor shortage, the president’s health reform law may make the ER crisis even worse.
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The Affordable Care Act has created many problems and the American people are left with rising costs, and higher taxes, mountains of red tape, and arrogant bureaucratic attacks on personal and religious liberty.
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Employers that offer a health savings account might gain a competitive advantage in employee recruitment and retention. An HSA can significantly reduce employees’ taxes while giving them an important investment option, making an HSA a valuable financial wellness tool, writes Liz Ryan. HSAs can be offered as a long-term benefit like a 401(k) as well as an emergency fund for unexpected expenses, Ryan writes.
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